TD-9996, Relief Provisions Respecting Timely Allocation of GST Exemption and Certain GST Elections

The final rule describes the circumstances and procedures under which an extension of time will be granted under section 2642(g)(1) to allocate generation-skipping transfer tax exemption, defined in section 2631(a), and to make an election under sections 2632(b)(3), 2632(c)(5)(A)(i), and 2632(c)(5)(A)(ii). The number of respondents was updated from 900 to 50 (decrease of 850 respondents) with a total burden hours of 1,000 hours (decrease of 800 hours).

The latest form for TD-9996, Relief Provisions Respecting Timely Allocation of GST Exemption and Certain GST Elections expires 2027-07-31 and is listed under ICR 202306-1545-002.